Newell CEO: Too Early to Comment on Tariff Ruling -- Market Talk

Dow Jones
02/21

1125 ET - Newell Brands CEO Chris Peterson, speaking shortly after the Supreme Court struck down President Trump's global tariffs regime, says it's too early to comment on what the ruling means for his company. The administration still has other avenues through which they could impose tariffs, and it's unclear whether companies will be refunded for tariffs they've already paid, he says at the 2026 Consumer Analyst Group of New York conference. Still, he says, a "substantial majority" of the tariffs Newell paid were those issued under Ieepa, which the Supreme Court said exceeded the President's authority. Newell paid $174 million in incremental tariffs costs, resulting in a 23 cents per share headwind to earnings, Peterson says. (elias.schisgall@wsj.com)

(END) Dow Jones Newswires

February 20, 2026 11:26 ET (16:26 GMT)

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